Amerant Bancorp INC 8-K filings

Amerant Bancorp Inc. provides an investor update highlighting strategic initiatives, financial performance, and future outlook, including completed transactions and ongoing growth plans.

Howard A. Levine, Senior Executive Vice-President and Chief Consumer Banking Officer of Amerant Bancorp Inc. and Amerant Bank, N.A., will step down from his position effective February 14, 2025.

Amerant Bancorp Inc. reported a net income of $16.9 million for the fourth quarter of 2024, a significant improvement compared to the previous quarter's net loss.

Amerant Bancorp has increased its board size and appointed Lisa Lutoff-Perlo and Odilon Almeida Jnior as new directors, effective January 22, 2025.

Amerant Bancorp sold a portfolio of business-purpose residential mortgage loans for $58.9 million, resulting in a $12.6 million loss, as part of its fourth-quarter 2024 transactions.

Amerant Bancorp's Board of Directors has extended its share repurchase program, with $12.4 million remaining, through December 31, 2025.

Amerant Bancorp Inc. announces the completion of its multi-year transformation, highlighted by a $165 million capital raise and the sale of its Houston franchise, positioning the company for future organic growth.

Amerant Bancorp has finalized the sale of its Houston banking operations, including six branches, to MidFirst Bank.

Amerant Bancorp reported a net loss of $48.2 million for the third quarter of 2024, driven by a strategic investment portfolio repositioning, while also declaring a cash dividend of $0.09 per share.

Amerant Bancorp has launched a public offering of 7.9 million shares of its Class A common stock, aiming to raise approximately $150 million for general corporate purposes and growth initiatives.

Amerant Bancorp is undertaking a $150 million capital raise to support organic growth, optimize its balance sheet, and improve financial performance.

Amerant Bancorp Inc. has received regulatory approval to sell its Houston branch network to MidFirst Bank, with the transaction expected to close on November 8, 2024.

Amerant Bancorp reported a net income of $5.0 million for the second quarter of 2024, a decrease from the previous quarter, while experiencing strong loan growth and increased pre-provision net revenue excluding deal charges.

Amerant Bancorp reports the resignation of a board member, a reduction in board size, and provides an update on the sale of its Houston operations, including expected closing timelines and financial impacts.

Amerant Bancorp Inc. successfully held its 2024 annual meeting, electing all director nominees and ratifying the appointment of RSM US LLP as its independent auditor.

Amerant Bancorp Inc. reported a net income of $10.6 million for the first quarter of 2024, a significant improvement from the net loss in the previous quarter, and declared a cash dividend of $0.09 per common share.

Amerant Bancorp Inc. has agreed to sell its Houston banking operations, including six branches, to MidFirst Bank for a deposit premium and the net book value of assets, as it shifts its focus to growth in Florida.

Amerant Bancorp has updated its investor presentation to align with the finalized financial statements in its annual report, correcting some previously reported figures.

Amerant Bancorp Inc. released an investor update detailing its fourth-quarter 2023 performance, strategic initiatives, and future outlook, including a focus on digital transformation and expansion.

Amerant Bancorp Inc. reported a net loss of $17.1 million for the fourth quarter of 2023, primarily due to a non-cash charge related to the sale of commercial real estate loans, despite experiencing strong organic loan and deposit growth.

Amerant Bancorp Inc. declared a cash dividend of $0.09 per share of common stock, payable on February 29, 2024, to shareholders of record on February 14, 2024.

Amerant Bancorp Inc. has agreed to sell a $401 million portfolio of commercial real estate loans, resulting in a $30 million pre-tax loss, as part of a broader strategy to optimize its balance sheet.